The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Thermal Paper Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Thermal Paper Market:
https://www.thebusinessresearchcompany.com/report/thermal-paper-global-market-report
According to The Business Research Company’s Thermal Paper Global Market Report 2024, The thermal paper market size has grown strongly in recent years. It will grow from $4.39 billion in 2023 to $4.77 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growth of banking and financial services, logistics and transportation sector growth, healthcare industry demand, government initiatives for digital receipts, convenience in label printing, environmental and cost considerations.The thermal paper market size is expected to see strong growth in the next few years. It will grow to $6.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.
The rise of the e-commerce industry is expected to propel the growth of the thermal paper market. Thermal paper plays a crucial role in the e-commerce sector, where it is extensively used for printing shipping labels, order receipts, and packing slips. The adoption of thermal paper in the e-commerce industry is driven by its cost-effectiveness, efficiency, and suitability for transaction-related documents, barcode printing, and mobile printing devices. These characteristics align with the dynamic requirements of the fast-paced online retail environment.For instance, in May 2021, the United States Department of Commerce, a US-based government agency, reported a substantial increase of 39.0 percent in US e-commerce sales during the first quarter of 2021 compared to the same period in 2020. This remarkable growth in e-commerce sales underscores the increasing reliance on online retail platforms, contributing to the growing demand for thermal paper in the market.
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The thermal paper market covered in this report is segmented –
1) By Type: Top Coated, Non-Top Coated
2) By Technology: Direct Thermal, Thermal Transfer, Other Technologies
3) By Thickness: 60-80 Microns, 80-90 Microns
4) By Application: POS Receipts, Lottery and Gaming Tickets, Labels and Tags, Other Apllications
5) By End User: Retail Industry, Healthcare, Packaging and Labelling, Printing and Publishing, Entertainment and Transit, Other End Users
Top Major Players
Ricoh Corporation,
Oji Holdings Corporation,
Appvion Incorporated,
Jujo Thermal Limited,
Lecta Group
The thermal paper market report table of contents includes:
1. Executive Summary
- Thermal Paper Market Characteristics
- Thermal Paper Market Trends And Strategies
- Thermal Paper Market – Macro Economic Scenario
- Global Thermal Paper Market Size and Growth
- Thermal Paper Market Segmentation
- Thermal Paper Market Regional And Country Analysis
………
- Key Mergers And Acquisitions In The Thermal Paper Market
- Thermal Paper Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Thermal Paper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Thermal Paper Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Thermal Paper Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Ricoh Corporation Financial Performance
Table 76: Oji Holdings Corporation Financial Performance
Table 77: Appvion InCorporated Financial Performance
Table 78: Jujo Thermal Limited Financial Performance
Table 79: Lecta Group Financial Performance
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